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Excelsior Energy Capital signs 7.5GWh agreement with LG Energy Solution Vertech

Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects.  This agreement ensures a steady supply of high-quality battery energy...

Hanwha Qcells secures $1.45bn loan guarantee for US solar manufacturing facility

Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia.  This facility will become the largest...

Viaro Energy to acquire Evoterra’s wind and oil assets in UK and Germany

Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany.  The deal marks Viaro’s entry...

Google signs 15-year PPA for 250 MW wind energy in Netherlands

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands.  Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk...

Atlantica acquires 1.1 GW renewable energy development platform in US

Atlantica Sustainable Infrastructure has acquired a development platform in the US, adding 1.1 GW of solar and wind projects in the MISO and SPP regions.  The portfolio includes projects in Illinois, Colorado, Mississippi, and Texas. With this...

GE Vernova to deliver HVDC system for South Korea’s largest power grid project

GE Vernova Inc., through its joint venture KAPES, has been selected by Korea Electric Power Corporation (KEPCO) to provide an advanced high-voltage direct current (HVDC) system for South Korea’s largest power grid infrastructure initiative...

Vestas secures 225MW contracts in US, Germany and New Zealand

Vestas has signed contracts for 225MW of wind turbine projects in the US, Germany, and New Zealand, as part of its Q4 2024 order intake. In the US, Vestas received an 86MW order from Brookfield Renewable for the Mulqueeney project. It will deploy...

Oklo and Switch sign historic 12GW clean power deal

Switch has selected Oklo, a nuclear technology company, to deploy 12GW of Oklo Aurora powerhouse projects by 2044. The projects are part of a non-binding master power agreement, one of the largest corporate clean power deals to date, setting the...

AfDB invests in climate tech in Sub-Saharan Africa

The African Development Bank (AfDB) has committed USD 10 million from its Sustainable Energy Fund for Africa (SEFA) to the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative supports climate technology entrepreneurship in...

EVN signs contract for Côn Đảo power connection

Vietnam Electricity (EVN) has signed a VND4.923 trillion contract with PC1 Group and Power Engineering Consulting JSC 4 to connect Côn Đảo to the national grid. The project involves a 77.7 km 110kV submarine cable from Sóc Trăng to Côn Đảo, along...

Neoen secures AUD 1.4 billion for Australian renewable energy projects

Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing.  Eleven major lenders participated, including ANZ, Bank of China, and the...

AMEA Power commissions 500 MW Abydos Solar PV plant in Egypt

AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt’s Aswan Governorate.  The plant will generate around 1,500 GWh of renewable energy annually, reducing carbon emissions by 782,300 tonnes. The project was completed in 18...

GE Vernova delivers 3.4MW wind turbine to NREL for energy research

GE Vernova’s Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL) for energy research.  The wind turbine will serve as a research platform at NREL, focusing on areas such as grid testing...

Romania signs EPC contract to extend life of Cernavoda NPP Unit 1

Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear power plant.  The contract was...

Afreximbank funds hydropower project in DRC

Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first private-sector renewable energy project...

Envision Energy secures record wind contract in the Philippines

Envision Energy has signed a 344.5MW wind turbine supply agreement for the Quezon North Wind project, making it the Philippines’ largest single wind power contract.  ACEN, the Ayala Group’s renewable energy platform, awarded it. The...

Ørsted sells 50% stake in US solar and battery projects

Ørsted has divested a 50% equity stake in three US solar and battery projects to Energy Capital Partners (ECP) for $572m. The projects include Mockingbird Solar (468MW) and Sparta Solar (250MW) in Texas, as well as the Eleven Mile Solar Center in...

Qcells achieves 28.6% efficiency in tandem solar cells

Energy solutions provider Qcells has achieved a world record of 28.6% efficiency in tandem solar cells on a full-area M10-sized cell (~0.36ft²) through its research and development (R&D) pilot line in Germany.  The milestone, verified by CalLab...

Prysmian secures submarine cable projects in France

Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine power cable links for two offshore...

Westinghouse Electric and Aecon partner to advance nuclear energy projects

Westinghouse Electric Company and Aecon have signed two agreements to jointly develop and deploy advanced nuclear power projects, including the construction of AP1000 reactors in Canada. The collaboration is projected to generate up to C$28.7 billion...

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Recent Posts

Navitas Solar to invest Rs 1,500 crore in 3.6 GW solar cell plant

Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell...

MNRE launches WT-MARUT portal for wind turbine supply chain management

The Ministry of New and Renewable Energy (MNRE) has launched the WT-MARUT (Wind Turbine Materials...

IEA cites India’s auction model as Southeast Asia faces energy security risks

India’s renewable energy auction framework offers important lessons for Southeast Asian...

Tamil Nadu approves 231 substations worth Rs 15,032 crore

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AIDAA seeks resource adequacy reforms, sees Rs 2.27 lakh crore savings

The All India DISCOMs Association (AIDAA) has called for a major overhaul of India’s resource...

Gujarat’s new industrial policy extends incentives to SMR and nuclear equipment makers

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KPTCL launches dynamic line rating pilot on Bengaluru transmission line

Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement...

NHPC signs MoA for 3,097 MW Etalin hydro project in Arunachal Pradesh

NHPC Limited has signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh on...

POWERGRID wins WR-ER inter-regional transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the...

Power Sector News Roundup for June 16, 2026

MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...